Trading Is Suspended On FGH's Common Stock
The New York Stock Exchange said on Friday it suspended trading in the common stock of Friede Goldman Halter, the troubled maker of offshore equipment for the energy industry…
Petrobras Yet Again Delays Details of Sinking
Brazil's state oil giant Petrobras on Friday again postponed, this time until Monday, the much-expected release of details on the causes of last month's sinking of its biggest offshore oil rig.
Shipping Officials To Discuss Singe Hull Phase Out
Shipping legislators meet on Monday to discuss a timetable for eliminating single-hulled tankers, a pollution threat to the world's coastlines. But major maritime…
Navy Keeps Quiet Regarding Sub Captain's Fate
Japanese officials on Friday were disappointed after U.S. naval officers failed to shed light on whether the captain of a submarine that sank a Japanese fishing trawler…
After Mulling Options, FGH Will Protect Its Assets
Friede Goldman Halter Inc., manufacturer of offshore equipment for the energy industry, on Thursday said it filed for protection under Chapter 11 of the U.S. bankruptcy code.
Brazilian Panamax Holds Steady
Brazilian panamax liftings were supporting an already firm Atlantic market, brokers said on Thursday. Earnings for modern Atlantic tonnage had hit the $13,000 a…
Carnival Sells Off $400 Million of 20-Year Bonds
Carnival Corp., the world's largest cruise group, said on Friday it sold $400 million of 20-year convertible bonds. The Miami-based company's bonds, which include a $100 million overallotment option…
